Basic Types of Home Insurance Policies

Your home is likely your largest asset, so protecting it, and yourself, in the event of damage or liability is essential. Many homeowners have different situations and unique needs, but most require these basic types of home insurance Connecticut agents offer.


A liability policy protects you and your assets in the event of a lawsuit. If you or someone in your family causes bodily harm to another person, liability insurance can cover your defense costs so that you don’t have to pay out-of-pocket. Most homeowners’ insurance policies include liability.

Personal Property

If desired, you can choose a personal property policy. This type of policy covers the items inside your home that could be damaged and may include furniture, clothing and electronics. The home insurance Connecticut residents often use includes personal property protection.

Cash Value

A cash value home insurance policy would pay you the original cost of your home, minus depreciation, even if the value appraises higher.

Replacement Value

Some people choose replacement value policies to cover the cost of repairing a home or personal possessions up to the value of the policy.

When it comes to home insurance Connecticut residents prefer to pick the policy that works best for their situations. You can determine your needs, then choose a policy that gives you the protection and security that you feel most comfortable with.